Taiwan exports post growth


FE Team | Published: May 07, 2018 21:43:03


Taiwan exports post growth

TAIPEI, May 07 (Reuters): Taiwan's exports expanded at a double-digit pace in April, underpinned by continuing demand for the island's technology exports even as concerns over global trade protectionism linger.
April exports rose 10.0 per cent from a year earlier, finance ministry data showed on Monday, less than a Reuters poll of analysts that had forecast growth of 11.4 per cent. In March, the island's exports rose 16.7 per cent to a record high in value terms.
"We estimate the strength of this year's full-year exports and economic growth will not be as good as last year, but will still have normal growth," Achilles Chan, an analyst with Taishin investment advisory company said.

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